Willis Towers Watson Public Limited Company

WTW Financial Insurance Brokers

Willis Towers Watson Public Limited Company’s revenue for fiscal 2025 (year ended December 2025) was $9.7 billion, down 2.24% from fiscal 2024. In the quarter to June 2026, revenue grew 9.07%, EPS fell 27.3%, free cash flow grew 42.8% and total debt rose 23.0%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.

315.26 4.90 +1.58%
Market cap
$28.8B
P/E
19.3×
Fwd P/E
15.3×
Dividend yield
1.21%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Willis Towers Watson Public Limited Company (WTW) Operating margin

Alert me on Operating margin

Willis Towers Watson Public Limited Company's operating margin over the twelve months to 30 June 2026 was 22.2%, down 0.8 percentage points from fiscal 2025 (23.0%). Over the past ten years it has ranged from 4.41% (fiscal 2016) to 24.5% (fiscal 2021); the current reading is higher than 91% of that period. That is above the Insurance Brokers industry median of 15.4% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 23.0% 16.70
FY2024 6.31% (8.08)
FY2023 14.4% 1.10
FY2022 13.3% (11.18)
FY2021 24.5% 14.50
FY2020 9.97% (2.62)
FY2019 12.6% 3.09
FY2018 9.50% 3.21
FY2017 6.29% 1.88
FY2016 4.41% (6.74)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 14.8% (3.81)
Mar 2026 18.6% (16.03)
Dec 2025 34.6% 16.33
Sep 2025 18.3% 1.99
42 more quarters

Against its own ten years

Low 4.41% High 24.5%
Ten-year median 11.2%
Current reading's percentile 88

Operating margin against peers

Company Operating margin
BRO Brown & Brown, Inc. compare 28.7%
AON Aon plc compare 26.5%
WTW Willis Towers Watson Public Limited Company 22.2%
MRSH Marsh compare 21.4%
ARX Accelerant Holdings compare 21.2%
ERIE Erie Indemnity Company compare 17.9%
AJG Arthur J. Gallagher & Co. compare 16.7%
CRVL CorVel Corp. compare 15.4%
BWIN Baldwin Insurance Group, Inc. compare −6.88%
Insurance Brokers industry median 15.4%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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